Compass (NYSE:COMP) Posts Earnings Results, Beats Expectations By $0.02 EPS

Compass (NYSE:COMP) posted its earnings results on Tuesday. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02, Zacks reports. Compass had a negative net margin of 3.70% and a negative return on equity of 49.45%. During the same period last year, the firm posted ($0.09) EPS. Compass updated its Q1 2025 guidance to EPS.

Compass Stock Performance

NYSE COMP traded up $0.04 on Tuesday, hitting $7.97. The stock had a trading volume of 9,258,958 shares, compared to its average volume of 5,543,434. Compass has a 52-week low of $2.89 and a 52-week high of $8.00. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of -19.91 and a beta of 2.95. The firm has a 50-day moving average of $6.64 and a 200-day moving average of $6.17.

Insiders Place Their Bets

In other news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total transaction of $63,300,000.00. Following the sale, the insider now owns 58,070,273 shares in the company, valued at approximately $367,584,828.09. This trade represents a 14.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert L. Reffkin sold 224,510 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $7.90, for a total transaction of $1,773,629.00. Following the sale, the chief executive officer now owns 1,139,136 shares in the company, valued at approximately $8,999,174.40. This trade represents a 16.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,728,326 shares of company stock worth $74,520,082 in the last three months. 6.25% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on COMP. The Goldman Sachs Group upped their target price on shares of Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Tuesday, December 3rd. UBS Group raised shares of Compass from a “neutral” rating to a “buy” rating and increased their target price for the company from $7.00 to $11.00 in a research report on Tuesday, February 11th. Barclays increased their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Oppenheimer increased their target price on shares of Compass from $8.50 to $9.50 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Finally, Needham & Company LLC restated a “buy” rating and set a $10.00 price target on shares of Compass in a research note on Thursday, January 16th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $7.65.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.